Ashtead Share Discussion Threads

[broadwood] 04/11/2015 19:30

Good post Ian. I had noticed the JCB story also. Ashford buys a lot from them but the market seems untroubled.

As for holding long term, I've been with the share from its under £2 days - never having seen the need to jump ship. The story seems as good now as ever.

[ianwwwhite] 04/11/2015 18:24

Starting to get a good feeling about AHT's prospects in the run up to Xmas, looks like the tide is with us, although I am sure there will still be some choppy water to navigate.

JCB's announcement today of a collapse in demand for their construction equipment is a little worrying, not least because of the laying off of the 290 shop-floor workers at this time of year, and follows Caterpillars announcement of 4-5000 job losses in Sept.

However, I understand that JCBs problems are largely attributed to a fall in demand in Russia, China and Brazil, and Caterpillars to challenging conditions in the mining and energy sectors.

Hopefully AHTs strong business model is still unaffected, and in the absence of other more compelling investment propositions I remain a long term holder, but would look to take some further profits above £12 if the opportunity presents itself.

Topicel, I'm surprised that you are considering an exit at 1063, after your many posts expressing strong conviction that £11 was imminent!

However to each his own, dyor!

[bracke] 04/11/2015 16:28

A retrace to-day but no complaints please you've had a good run up.

Ideally it will be supported at 1024 which was previous resistance. If 1024 fails to sup[port then 1010.

[bigman] 04/11/2015 07:14

one never loses money taking a profit, but in this case surely this is a long term investment.

[bracke] 03/11/2015 16:22

Topicel

"I'll be gone at £11 for sure, let's see, maybe even 1063"
-----------------------------------------------------------

Shame on you. Nothing but a carpetbagger.

[topicel] 03/11/2015 16:17

Have a heart Brackey...!

Why do you think I bought here if it wasn't partly to do with those dratted brokers? They always know what they're on about, don't they? ;)

Eleven squid will make my Christmas bright, as long as Santa Brings My Baby Back To Me...

Long since stopped being greedy and at £15 a point I'll be gone at £11 for sure, let's see, maybe even 1063, which was the figure I was struggling to recall earlier.

Must leave some for Broadwood old boy.

Topicel

[bracke] 03/11/2015 15:51

Two years of Topicel wanting his 'lb of flesh'!!

[broadwood] 03/11/2015 15:37

Maybe by 2018.

[bracke] 03/11/2015 15:35

You may settle for £12 but you know what Topicel is like, he will want the full £15.

[broadwood] 03/11/2015 15:27

bracke -I'll settle for £12.

[bracke] 03/11/2015 15:24

broadwood

Did you really have to post that!

Topicel will not let us rest until he sees £15.

[broadwood] 03/11/2015 15:18

The TP consensus averages around 1350. Investec is the most bullish with a TP of 1500.

Jeffries maintain at 1385 today.

[bracke] 03/11/2015 14:51

Good day Topicel

I refer you to post 51389.

The share price has gone for break up and is intent on making it stick. It may retrace later but provided the US market holds up I expect it to reach the Daily SMA 200 currently at 1063 in the near future.

[topicel] 03/11/2015 14:00

If you're about Bracke, what are you making of these weird swings today?

I look in and see up, down, level, up...it is looking for direction going forward I suppose?

Particularly keen to see what happens around 1043p... ;)

Topicel

[bracke] 02/11/2015 14:14

Debt ceiling is no problem; just jack it up by a few 100s of billions more.

[topicel] 02/11/2015 13:44

Hence perhaps why Draghi's latest Bon mots is to suggest more, or extended, QE isn't the done deal people were hinting at only last week!

Gold and silver prices dropping fast indicate those markets expect a rate rise sooner than later again, and bets are on December once more, which would keep the Fed out of criticism about 'ruining' things as an election year unwinds...

You've got to laugh at all of this really. Debt ceiling, what debt ceiling. Lol.

Topicel

[bracke] 02/11/2015 11:22

Good day Topicel

Barring some extraordinary news I think "early November" is optimistic. Perhaps the 'Santa Rally' will provide you with Nirvana.

From what I am reading the chances of interest rate increases by the US, UK or any other central bank are minimal all the time the ECB continue with QE.

[topicel] 02/11/2015 10:49

Lol, it is going the right way...for me.

I shan't mention anything to do with a number following a certain Rat Pack movie beginning with Ocean's, but there is still plenty of time for 'early November' yet.

Topicel

[bracke] 02/11/2015 10:44

The share price has broken up out of the wedge and is approaching resistance at 1023.

It needs to break above resistance and hold. If it fails to do so the danger is that it will drop through the wedge and out of the lower side.

If it is able to maintain the break upwards it should be able to reach the SMA 200 currently at 1063.

I will not suggest where it may go IF it breaks above the SMA 200. I don't want to excite Topicel unduly.

[bracke] 29/10/2015 10:58

Good day ian

No. I do not have a position in AHT.

The Goldilocks comment was in reply to Topicels "So I won't be greedy, nor naughty, nor nice... ;)" ie. Not naughty, not nice, just right.

The price action has formed a symmetrical wedge ie. lower highs, higher lows and it is close to the apex which suggests a break one way or the other. It could pass through in a straight line but that would be unusual. Beware of false breaks.

[ianwwwhite] 28/10/2015 16:58

bracke

I assume that the coded reference to goldilocks and three bears means that you have gone short?

[bracke] 28/10/2015 12:28

Goldilocks......excellent.

[topicel] 28/10/2015 11:48

I was always told to beware old men with white beards in red suits. So I won't be greedy, nor naughty, nor nice... ;)

Topicel

[bracke] 28/10/2015 11:11

Good day Topicel

From what I read the fed are unlikely to raise the interest rate. If they did it would strengthen the $ before the Election and the FED would be held to blame.

If the FED do hold the rate it may give a lift to the share price but unlikely to be sufficient to fill the gap at 1068. Perhaps you need to send a letter to Santa asking for the usual rally. He may give you 1068 but consider you greedy if you ask for £11.